I need help on this problem, and the secomd problem i just wanted to be looked over in case I did anything wrong.

problem #1

Problem #2

clarity for question 1

o At December 31, 2016, the Account Placevable balance of Alpha Canary 15,205.000 Tha Allowance to the Duttracted him 514126 dubt tech. Anh Company pro the total ng enging scheme was eventos Chce cun to view waging hadde Requirements 1. Jour the year-end dusting entry for bad debts on the basis of the aging while show the accountance for Bed Date at December 31, 2010 2 Show how Alpha Company will report is net accounts receivable on Dec 31 2018 balance sheet Requirement 1. Sowmake the wond austing eney for Dad det on the basis of the aging school Shoe the account to the Atence for Bad Debts December 31, 2016 Begin by determining the target balance of lowance for Bad Detits by using the age of each count Age of Accounts 1:30 31-50 Over 90 Bay Days Day Days Balance Account Rece 70.000 365.000 50.000 20.000 2010 Imate percent collectie 05 50 70 ITO 20 100 Eled toalcolici Jounalo the War and susting entry for bad debt on the basis of the song schedule Record deur thereBele ha plantion on the last line of the entry table Desk your name and not 900 1357 Jumal the year and adjusting entubades on the banks of eached the credits Section on the last of the years Dan Access and Explanation Debit Crede Dec 31 Show the T-account for the Allowance for Bad Debts at December 31, 2018 Allowance for Bad Debts Requirement 2. Show how Alpha Company will report its net accounts receivable on its December 31, 2018, balance sheet Balance Sheet (Partial): Current Assets 2018 May 4 Sep. 1 Dec. 31 Recorded credit sales of $96,000. Ignore Cost of Goods Sold. Loaned $23,000 to Karen Phillip, an executive with the company, on a one-year, 12% note. Accrued interest revenue on the Phillip note 2019 Sep. 1 Collected the maturity value of the Phillip note. May 4, 2018 Recorded credit sales of $96,000. Ignore Cost of Goods Sold. Date Accounts and Explanation Debit Credit 2018 May 4 Accounts Receivable Sales Revenue 96000 96000 Record credit sales. Sep. 1. 2018: Loaned $23,000 to Karen Phillip, an executive with the company, on a one-year, 12% nole, Date Accounts and Explanation Debit Credit 2018 Sep. 1 23000 Note Receivable Karen Phillip Cash 23000 Recorded loan to employee Dec. 31, 2018 Accrued interest revenue on the Phillip note. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Interest Receivable 1380 Interest Revenue 1380 Accrued interest revenue Sep 1, 2019. Collected the maturity value of the Phillip note (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit 2019 Sep. 1 25760 Cash Note Receivable-Karen Phillip Interest Receivable Interest Revenue Record credit sales, net of fee 23000 1380 1380 2. At December 31, 2010, Accounts locatie balonce of Alpha Company in $215,000. The towance for Bod Cubes account hu 514,420 dete hlace Aphe Company prepare the following using schedule for loss.com Click the conteaging schedule Requirements 1 Jumalize the year and adulting entry for bad debts on the bath of the aging schedule Show the act or the lowance for at dette December 31, 2016 Show how Alpha Company will report is not accounts receivable onts December 31 2310 balance sheet Reflement 1, Jaunate the you-end adjusting entry for bad debts on the base of the aging schedule Show the account for the lowance for Blad Dres atbicember 31 2018 Degin by determining the target balance of Allowance for Bad Debts by using the age of each account Age of Account 67.90 Ovet Total Days Days Dar Account 70 000 6560 $ 50 000 2000 En 0 50 470 9900 12:30 3160 Balance 3 70 11 30 30 eurate the year and susting entry for had done of the aging schedule Record destinacredits. Select the data on the othema ya Cheyour polica Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. (Record debits first, the abbreviate.) Date Accounts and Explanation Debit Credit Dec. 31 bad debts expense 30990 allowance for bad debts 30990 Recorded bad debts expense for the penod Show the T-account for the Allowance for Bad Debts at December 31, 2018 Allowance for Bad Debts Unadj. Bal. 14420 30990 Adi 16570 Dec 31 2018 Bal Requirement 2. Show how Alpha Company will report its net accounts receivable on its December 31, 2018, balanc Balance Sheet (Partial): Current Assets Accounts Receivable 205000 Less. Allowance for Bad Debts (16570) 188430 At December 31, 2018, the Accounts Receivable balance of Alpha Company is $205.000 The Allowance for Bad Debts account has a $14,420 debit balance Alpha receivable Click the icon to view the aging schedule) Requirements 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 31 2. Show how Alpha Company will report its not accounts receivable on its December 31, 2018, balance sheet Requirement 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule Show the T-account for the Allowance for Bad Debts at Doce Begin by determining the target balance of Allowance for Bad Debts by using the age of each account Age of Accounts Tota! 1-30 Days 70.000 06 31-60 Days $65.000 50 61.90 Days $ 50.000 70 Balance 205000 Accounts Receivable Over 90 Days S 20.000 470 9400 $ Estimated percent uncollectible 420 Estimated total uncollectible 3250 3500 16570 Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. (Record debits flest then credits Select the explanation on the fast line of the